We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
We signed up for Connected Investors 9-4-16. At the same time we where gullible enough to likewise put out information through the CiX site looking for lenders. Allegedly all the lenders on the CiX site have been vett...
So I just listed my very first apartment EVER! I posted on both Zillow and Craigslist and have received about 10 emails and 5 calls in the last 12 hours (posted at 10pm).My approach right now is to have an "open house...
I love the forums and the podcasts, but one constant I see is that people are looking to add more properties or refinance properties for cash to buy more properties etc.Why don't more people start snowballing down the...
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Hey guys, I have a sad situation that I am going to be involved in soon. I am closing on an 11 unit building and two or three of the tenants have been living at their apartments for 15+ years and only paying $300/mont...